The lawsuit is against another group of former employees for breach of employee contracts.
Property-Liability booked underwriting income of $2.9 billion compared with $495 million.
- Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses
- What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
- United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
- Cyberattack Cripples Asahi Operations, Lifts Rival Brewers
- Bipartisan Legislation Introduced to Retroactively Restore NFIP
- Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG
- Google Accused in Suit of Using Gemini AI Tool to Snoop on Users
- New York City Firefighter Dies After Responding to a Five-Alarm Blaze
- Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People
- Cornell Strikes Deal With White House to Restore Funding
- New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
- Waymo Launches Driverless Robotaxis on California, Arizona Freeways in First for US
- Newsom Calls Trump Offshore Oil Drilling Plan DOA at Climate Summit
- Crews Work to Fix Alaska Native Villages Devastated by Floods
- California Gets $3.2M Settlement From Software Company for Breached Student Data
- People Moves: Wong Named WCIRB Chief Information Officer
- Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments
- With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
- Authorities in Miami Investigating Death of Passenger on Cruise Ship
- Car Fleeing Police Slams Into a Florida Bar, Killing 4 and Injuring 11
- Small Plane on Hurricane Relief Mission to Jamaica Crashes in Florida Neighborhood
- As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
- Alliant Acquires Texas’ Highpoint
- Harris Appointed as Arkansas Insurance Commissioner
- Texas Voters Rank Rising Homeowners’ Insurance Costs as Top Concern
- Texas Sues Roblox Over Alleged Exposure of Children to Sexually Explicit Content
- Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
- Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says
- Michigan Attorney General Urges Lawmakers to Strengthen Anti-Terrorism Law
- Michigan Insurance Agent Charged with Embezzling Funds from Municipalities
- Snow Set to Wallop Chicago as Cold Blast Aims for East Coast
- Missouri DCI Tells Insurers to Halt Condo Policy Cancellations
- Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash
- AM Best Revises Outlook to Positive for Michigan Millers Mutual
National News
- Consumer Bureau to Narrow ‘Disparate Impact’ in Civil Rights Lending Law: Sources
- 70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
- Waymo Launches Driverless Robotaxis on Freeways in First for US
- Some States Require Public Schools to Teach Kids About Gun Safety
- Google Accused in Suit of Using Gemini AI Tool to Snoop on Users
- Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
- United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’
East News
- Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG
- New York City Firefighter Dies After Responding to a Five-Alarm Blaze
- Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People
- Cornell Strikes Deal With White House to Restore Funding
- New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
- Vermont Christian School Challenges State’s Education Funding as Discriminatory
Midwest News
- Michigan Attorney General Urges Lawmakers to Strengthen Anti-Terrorism Law
- Michigan Insurance Agent Charged with Embezzling Funds from Municipalities
- Snow Set to Wallop Chicago as Cold Blast Aims for East Coast
- Missouri DCI Tells Insurers to Halt Condo Policy Cancellations
- Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash
- AM Best Revises Outlook to Positive for Michigan Millers Mutual
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- Alliant Acquires Texas’ Highpoint
- Harris Appointed as Arkansas Insurance Commissioner
- Texas Voters Rank Rising Homeowners’ Insurance Costs as Top Concern
- Texas Sues Roblox Over Alleged Exposure of Children to Sexually Explicit Content
- Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
- Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says
Southeast News
- With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
- Authorities in Miami Investigating Death of Passenger on Cruise Ship
- Car Fleeing Police Slams Into a Florida Bar, Killing 4 and Injuring 11
- Small Plane on Hurricane Relief Mission to Jamaica Crashes in Florida Neighborhood
- As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- Waymo Launches Driverless Robotaxis on California, Arizona Freeways in First for US
- Newsom Calls Trump Offshore Oil Drilling Plan DOA at Climate Summit
- Crews Work to Fix Alaska Native Villages Devastated by Floods
- California Gets $3.2M Settlement From Software Company for Breached Student Data
- People Moves: Wong Named WCIRB Chief Information Officer
- Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments
International & Reinsurance News
- Australia Spy Chief Warns of China Hackers Probing Networks
- Cyberattack Cripples Asahi Operations, Lifts Rival Brewers
- Rising Pirate Attacks off Somalia Endanger Key Trade Route
- UK to Ban Maritime Services for Russian LNG Exports
- China Prepares to Bring Home 3 Astronauts Stranded After Collision With Space Debris
- Macquarie Insurance Facility to Launch Multi-Line MGA Longbrook Insurance
- Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses
Insurance Journal Blogs and Columns
- How EZLynx is Empowering the Next Generation of Insurance with AI
- Highlights from Applied Net 2025: Transforming Agencies with EZLynx Innovations
- Taking Your Construction Company to the Next Level
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- How to Use Content Marketing to Grow Your Insurance Agency
- Applied Acquires Cytora: Supercharging the Digital Roundtrip of Insurance with AI
Quote of Note
"Certainly, claims — with all of their moving parts in all of the lines of business — still present compliance challenges."
More Quotes Kathy Donovan, lead researcher for Wolters Kluwer, on P/C insurers' top market conducts mistakes.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $26.03 | +3.42% |
| American Integrity Insurance Group, Inc. | AII | $26.19 | +3.15% |
| NI Holdings, Inc. | NODK | $13.40 | +2.37% |
| Heritage Insurance Holdings, Inc. | HRTG | $29.53 | +2.14% |
| Marsh & McLennan Companies, Inc. | MMC | $181.92 | +2.13% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $85.97 | -5.38% |
| Kingsway Financial Services Inc. | KFS | $12.90 | -4.16% |
| Neptune Insurance Holdings Inc. | NP | $25.63 | -3.86% |
| Global Indemnity Group, LLC | GBLI | $28.91 | -2.66% |
| Kingstone Companies, Inc. | KINS | $14.92 | -1.78% |